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american people know this economy is not strong. most americans believe this country is going in the wrong direction. those polls are undeniable. let's hope we can turn this around. gerri: thanks to you both for coming on, really appreciate your time. i think there is something the n the unemployment report for everybody. thank you. when we come back as many families worry about putting their lives back togher, one thing you will likely not have to deal with. and whomever gets reelected or elected on tuesday will have a lot on his plate. look at the first 100 days in what they might hold coming up next. gerri: 100 days, whether you're leading the boardroom or a nation, the timeframe is critical to success or failure of a new job. a look at your first 100 days in new executive job powerful first step from the path to greatness. thank you for coming in. this is such a great conversation. not as look forward to the presidential election but also for executives who might be starting a new job. why are those 101st days so important? >> i
american people know this economy is not strong. most americans believe this country is going in the wrong direction. those polls are undeniable. let's hope we can turn this around. gerri: thanks to you both for coming on, really appreciate your time. i think there is something the n the unemployment report for everybody. thank you. when we come back as many families worry about putting their lives back togher, one thing you will likely not have to deal with. and whomever gets reelected or...
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american people know this economy is not strong. most americans believe this country is going in the wrong direction. those polls are undeniable. let's hope we can turn this around. gerri: thanks to you both for coming on, really appreciate your time. i think there is something the n the unemployment report for everybody. thank you. when we come back as many families worry about putting their lives back together, one thing you will likely not have to deal with. and whomever gets reelected or elected on tuesday will have a lot on his plate. look at the first 100 days in what they might hold coming up next. the capital one cash rewards card gives you a 50% annual bonus. and everyone likes 50% more [ russian accent ] rubles. eh, eheh, eh, eh. [ brooklyn accent ] 50% more simoleons. [ western accent ] 50% more sawbucks. ♪ [ maine accent ] 50% more clams. it's a lobster, either way. [ male annncer ] the capital one cash rewards card. with a 50% annual cash bonus, it's the card for people who like more cash. [ italian accent ] 50% more
american people know this economy is not strong. most americans believe this country is going in the wrong direction. those polls are undeniable. let's hope we can turn this around. gerri: thanks to you both for coming on, really appreciate your time. i think there is something the n the unemployment report for everybody. thank you. when we come back as many families worry about putting their lives back together, one thing you will likely not have to deal with. and whomever gets reelected or...
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american people know this economy is not strong. most americans believe this country is going in the wrong direction. those polls are undeniable. let's hope we can turn this around. gerri: thanks to you both for coming on, really appreciate your time. i think there is something the n the unemployment report for everybody. thank you. when we come back as many families worry about putting their lives back together, one thing you will likely not have to deal with. and whomever gets reelected or elected on tuesday will have a lot on his plate. look at the first 100 days in what they might hold coming up next. ally bank. why they're always there to talk. i love you, james. don't you love me? i'm a bot. i know. i know you're a robot! but the's more in you than just circuits and wires! uhhh. (cries) a machine can't give you what a person can. that's why allyas knowledgeable people there for you, night and day. ally bank. your money needs an ally. 0t[h7 i'i invest in what i know.r. i turned 65 last week. i'm getting married. planning a lif
american people know this economy is not strong. most americans believe this country is going in the wrong direction. those polls are undeniable. let's hope we can turn this around. gerri: thanks to you both for coming on, really appreciate your time. i think there is something the n the unemployment report for everybody. thank you. when we come back as many families worry about putting their lives back together, one thing you will likely not have to deal with. and whomever gets reelected or...
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publishers in a world where increasingly moving rapidly towards ebooks and the economy of ebooks is much more attractive no paper cost no printing, no contribution cost, no returns. >> no returns. >> huge advance, so at what point do publishers say hey, i have-- it's crazy to me economically to be publishings and printing booksing printing books, not publishing ebooks that is such a good point because in most other countries there were no hard bound booksment we did hard cover to help our p & l, our profit and loss statement. i do think that the hard cover book will start to diminish in quantity, yes. i don't believe that the publisher, that a true publisher will ever give up on printing physical books. >> i disagree with that. >> but, well, but i will talk to you about that. because i think that there will always be a want and a need for a certain group of society to have the printed book. and perhaps the printed book will become even more expensive and more valuable because it will be printed better and it will be done on better paper, et cetera. but i think the point of marketing is w
publishers in a world where increasingly moving rapidly towards ebooks and the economy of ebooks is much more attractive no paper cost no printing, no contribution cost, no returns. >> no returns. >> huge advance, so at what point do publishers say hey, i have-- it's crazy to me economically to be publishings and printing booksing printing books, not publishing ebooks that is such a good point because in most other countries there were no hard bound booksment we did hard cover to...
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and our economy itself, and no wonder larry is worried. what do you make of this, coming days before the election and the markets and others are looking at this in the northeast and saying, well, i don't know, it is not looking like we thought. >>guest: though was the last key piece of economic data ahead of the election and it is not good. what the public will talk about in addition to the uptick in unemployment which is not if for the incumbent at pizza parlors, they will talk about the gas line. what is damaging to consumer confidence is being in a gas line. i have relatives in the area and i know what they are going through and it zaps confidence and will hurt retail and discretionary spending. we see companies seeing this and they are worried. it will affect consumer confidence. companies have been preparing themselves for what they see looming and one thing they see looming is the fiscal cliff, the uncertainty related to the economy. as a result, we have seen certainly layoffs that are planned, that have picked up. we see companies a
and our economy itself, and no wonder larry is worried. what do you make of this, coming days before the election and the markets and others are looking at this in the northeast and saying, well, i don't know, it is not looking like we thought. >>guest: though was the last key piece of economic data ahead of the election and it is not good. what the public will talk about in addition to the uptick in unemployment which is not if for the incumbent at pizza parlors, they will talk about the...
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american people know this economy is not strong. most americans believe this country is going in the wrong direction. those polls are undeniable. let's hope we can turn this around. gerri: thanks to you both for coming on, really appreciate your time. i think there is something the n the unemployment report for everybody. thank you. when we come back as many families worry about putting their lives back together, one thing you will likely not have to deal with. and whomever gets reelected or elected on tuesday will have a lot on his plate. look at the first 100 days in what they might hold coming up next. these fellas used capital one venture miles for a golf getaway. double miles you can actually use... but mr. single miles can't join his friends because he's getting hit with blackouts. shame on you. now he's stuck in a miniature nightmare. oh, thank you. but, with e capital one venture card... you can fly any airline, any flight, any time. double miles you can actually use. what's in your wallet? alec jr? it was a gift. gerri:00 d
american people know this economy is not strong. most americans believe this country is going in the wrong direction. those polls are undeniable. let's hope we can turn this around. gerri: thanks to you both for coming on, really appreciate your time. i think there is something the n the unemployment report for everybody. thank you. when we come back as many families worry about putting their lives back together, one thing you will likely not have to deal with. and whomever gets reelected or...
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what do you think of this economy's latest jobs report? the president saying it is a great, promising sign that things are getting better. mitt romney in ohio tonight saying, no, it isn't. it is the best that we could do. you know, another thing coming. what do you say? >> well, first thing is i think it is a sign the steady progress. we are going in the right direction. not as fast as any of us would like, but it is steady progress. i think it is also really impoant to look at the global context. this is not a local recession or a great recession that we just 70 u.s. in fact, we are performing better than any other large industrialized country in the world. neil: as well we should. we are the big gun, but we have to export and have customers. >> europe is fading into a recession. many of the policies that are taking them there are some of the same policies that paul ryan in particular seems to want to put in place. neil: but you could seriously argue the reason why they are in the economical they are is because they build this cradle to g
what do you think of this economy's latest jobs report? the president saying it is a great, promising sign that things are getting better. mitt romney in ohio tonight saying, no, it isn't. it is the best that we could do. you know, another thing coming. what do you say? >> well, first thing is i think it is a sign the steady progress. we are going in the right direction. not as fast as any of us would like, but it is steady progress. i think it is also really impoant to look at the global...
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>> my gut is, the economy in gas and oil, is improving, because of fracking. and, automotive, because of the obsolescence, we have strength and housing is coming off the bottom now and no question, the three segment are moving, capital spending is nowhere. the economy is running along at a 1.5% gdp rate and you might get two every now and then and look what happened in the third quarter. 62% of american companies missed their revenue forecasts. that doesn't bode well and challenger, came out, layoff announcements are up 41%. >> neil: what is the dichotomy between average folks, a consumer confidence survey out, very high and bosses, guys like you, very do your. my feel it when my boss is depressed and i wonder, why should i be happy. >> the industrial economy, right now, let's talk about this election, and, going forward. as i see it, and, 2013-2014. we have four, if you will question marks, and the first two, the fiscal cliff, everybody talks about. you know, the debt, the taxes, how we'll get revenues, versus costs and the second one, the regulatory wall, no
>> my gut is, the economy in gas and oil, is improving, because of fracking. and, automotive, because of the obsolescence, we have strength and housing is coming off the bottom now and no question, the three segment are moving, capital spending is nowhere. the economy is running along at a 1.5% gdp rate and you might get two every now and then and look what happened in the third quarter. 62% of american companies missed their revenue forecasts. that doesn't bode well and challenger, came...
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applying basic economie economies-- economics we could do a lot better. >> brown: austan goolsbee, dow want to comment on what the presidnt you wk for has done. >> i will just say is we can agree on the basic economics but i think professor taylor has his history a little backward on that. in the 1990s bill clinton raised exactly the high income tax rates that barack obama wants to return the rates to. and the 2000s which he did not mention when george bush followed the policies very similar to what mitt romney is proposing, they brief last word on that? >> well, i think as we are talking about four years what is going to happen the next four years. that say time where a president can make a tremendous difference. and we're talking about the past four years. and the president could have made auch betr policy with the unemployment being so high. >> brown: all right, john taylor and austan goolsbee, thanks so much. >> thank you >> brown: and if you're ready for more analysis on the jobs numbers, you'll find it, as always, on paul solman's "making sense" page online. >> woodruff: still to
applying basic economie economies-- economics we could do a lot better. >> brown: austan goolsbee, dow want to comment on what the presidnt you wk for has done. >> i will just say is we can agree on the basic economics but i think professor taylor has his history a little backward on that. in the 1990s bill clinton raised exactly the high income tax rates that barack obama wants to return the rates to. and the 2000s which he did not mention when george bush followed the policies...
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. ♪ with the best-in-class fuel economy. engineered to move heaven and earth. ♪ guts. glory. ram. >>> tonight, some residents of new jersey's barrier islands are seeing what's left of their homes and what they find could be heartbreaking. this is a picture of the jersey shore before hurricane sandy, then after the storm ravaged the community. michael holmes is live in toms river, new jersey. michael. >> reporter: yeah, erin, that whole area has been battered so badly. we've been out there twice in two days. we've seen house in the middle of the street. gas lines that are just now being brought under control and one of the worst hit areas we got to today, an area familiar to many viewers. that whole new jersey boardwalk area. those entertainment piers. of all the damage brought by sandy, these images are among the those that stand out the most. take a look at before and then the heartbreaking after. this is the casino pier and amusement park in seaside heights. three quarters century old. to television viewers who watched "the sopranos" or the jersey shore or listen to bruce s
. ♪ with the best-in-class fuel economy. engineered to move heaven and earth. ♪ guts. glory. ram. >>> tonight, some residents of new jersey's barrier islands are seeing what's left of their homes and what they find could be heartbreaking. this is a picture of the jersey shore before hurricane sandy, then after the storm ravaged the community. michael holmes is live in toms river, new jersey. michael. >> reporter: yeah, erin, that whole area has been battered so badly. we've...
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applying basic economie economies-- economics we could do a lot better. >> brown: austan goolsbee, dow want to comment on what the president you work for has done. >> i will just say is we can agree on the basic economics but i think professor taylor has his history a little backward on that. in the 1990s bill clinton raised exactly the high income tax rates that barack obama wants to return the rates to. and the 2000s which he did not mention when george bush followed the policies very similar to what mitt romney is proposing, theyic if one or e other is elected. >> right. you know, i was in the white house for a while and i used to joke, i crawled all around in the basement, i have yet to find that switch down there that you just flip it and then everything gets better. i think 90 plus percent of what happens in a growing economy has nothing to do with washington. what the president and what washington in general can do is try to set the stage and set a groundwork for policy at could encourage growth. and i think the shorter term that you are thinking about, the less can be done spec
applying basic economie economies-- economics we could do a lot better. >> brown: austan goolsbee, dow want to comment on what the president you work for has done. >> i will just say is we can agree on the basic economics but i think professor taylor has his history a little backward on that. in the 1990s bill clinton raised exactly the high income tax rates that barack obama wants to return the rates to. and the 2000s which he did not mention when george bush followed the policies...
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he has not met on the economy or the budget or on jobs. with neither of the republican leader of house or senate since july. >> the president and governor romney reacting to the october jobs report. 171,000 jobs. the u-#, the broader, under employment rate if you will is 14.6. that is what it has been. then if you look at the adjusted unemployment rate, this is the unemployment rate is the labor force was equal to what it was in january of 2009. what about this and how it plays to the race? bill kristol of "weekly standard." kirsten powers for daily beast. and syndicated columnist charles krauthammer. charles? >> these are the numbers you get when you have a stagnant economy. stagnant unemployment. if you keep up with the numbers of jobs added, barely enough to keep up with the increase in population. unemployment takes up. people's perception of the economy have been fixed. unchanged for at least six months. so i think it has zero effect on the economy. on the election, i mean. in terms of the people who vote on the economy. so i think it
he has not met on the economy or the budget or on jobs. with neither of the republican leader of house or senate since july. >> the president and governor romney reacting to the october jobs report. 171,000 jobs. the u-#, the broader, under employment rate if you will is 14.6. that is what it has been. then if you look at the adjusted unemployment rate, this is the unemployment rate is the labor force was equal to what it was in january of 2009. what about this and how it plays to the...
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from the next economy, to the next generation, we help get... the most out of business, by getting the best out of people. shrm. leading people, leading organizations. in that time there've been some good days. and some difficult ones. but, through it all, we've persevered, supporting some of the biggest ideas in modern history. so why should our anniversary matter to you? because for 200 years, we've been helping ideas move from ambition to achievement. and the next great idea could be yours. ♪ . >>> we start the second half of our show on stories we care about. where we focus on our own reporting. the crane that overturned high above manhattan is a little closer to being tied down tonight. it was being used to construct the tallest residential building in manhattan. today, michael bloomberg announced that inspections of the crane are complete. the construction manager tells us the department of buildings is reviewing the plans to secure it. the area is still closed. public transportation in new york city is starting to come back. some subway lines and amtrak are going to run on a s
from the next economy, to the next generation, we help get... the most out of business, by getting the best out of people. shrm. leading people, leading organizations. in that time there've been some good days. and some difficult ones. but, through it all, we've persevered, supporting some of the biggest ideas in modern history. so why should our anniversary matter to you? because for 200 years, we've been helping ideas move from ambition to achievement. and the next great idea could be yours....
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that is not what you are going to get out of the economy that we came out of. so general ly speaking, this is advantage obama, because he has had job growth since he has come into office with the exception of a few months, but, you know, if i were working for the romney came pain, i would say, really? 7.9% unemployment, and job growth that is not anywhere close to what you are saying it is going to be over the next four years and why should we listen to you about that when you have not done it in this period of time. and then the issue of quality of jobs. president obama can say that he has replaced and more every single job that was lost on his watch, because of a recession that he didn't recreate, but presidential candidate romney says, it is not enough. these are not great quality jobs. so i said earlier today that the revisions to august and september and then the new number for october, 171,000, it is in the vicinity of good job creation. plus 200,000 a month would be good job creation. in august we got 192, and then in september down to 171, and that is i
that is not what you are going to get out of the economy that we came out of. so general ly speaking, this is advantage obama, because he has had job growth since he has come into office with the exception of a few months, but, you know, if i were working for the romney came pain, i would say, really? 7.9% unemployment, and job growth that is not anywhere close to what you are saying it is going to be over the next four years and why should we listen to you about that when you have not done it...
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. >> it is still all about the economy. >> we've made real progress. >> you've got this jobs report, the unemployment report. >> definitely a strong jobs report. >> stronger than expected. >> that's good. >> unemployment is higher today than when barack obama took office. >> he is about as hollow as the tin man. >> if we don't run candy crowley, romney will be the nominee and he'll lose. >>> we begin tonight with the latest on the recovery from the devastation of hurricane sandy. nbc news has now confirmed 94 deaths from the storm. more than half of those killed, 48 died in the state of new york. of that 48 in the state, 40 deaths occurred here in new york city. and of those 40 new york city deaths, more than half, 22, occurred in the borough that was the hardest hit. staten island. it's greater than every other state hit by the storm. in new jersey, 13 died. 11 people died in maryland. there were seven deaths in pennsylvania. west virginia lost six people, four people died in connecticut, in north carolina two died and one person died in puerto rico. speaking to reporters today on s
. >> it is still all about the economy. >> we've made real progress. >> you've got this jobs report, the unemployment report. >> definitely a strong jobs report. >> stronger than expected. >> that's good. >> unemployment is higher today than when barack obama took office. >> he is about as hollow as the tin man. >> if we don't run candy crowley, romney will be the nominee and he'll lose. >>> we begin tonight with the latest on the...
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the new 2013 ram 1500. ♪ with the best-in-class fuel economy. engineered to move heaven and earth. ♪ guts. glory. ram. ♪ customer erin swenson bought so, i'm happy. today. sales go up... i'm happy. it went out today... i'm happy. what if she's not home? (together) she won't be happy. use ups! she can get a text alert, reroute... even reschedule her package. it's ups my choice. are you happy? i'm happy. i'm happy. i'm hi'm happy. i'm happy. i'm happy. happy. happy. happy. happy. (together) happy. i love logistics. >> andrea: time for one more thing. greg? >> greg: i got my books in. "joy of hate." it's coming out november 13. go to dailygutfeld.com and check out the bus tour. it will be great. it might be in your town. i brought books for everybody here and i signed them. this is for you >> thank you. >> greg: giving a gift without me having to pay for it. >> bob: bus tour? >> greg: starting in florida. that's for bob. this is for eric. i know you are going to love the picture. it's very piers bros nashn. but with constipation. dan ab, i got
the new 2013 ram 1500. ♪ with the best-in-class fuel economy. engineered to move heaven and earth. ♪ guts. glory. ram. ♪ customer erin swenson bought so, i'm happy. today. sales go up... i'm happy. it went out today... i'm happy. what if she's not home? (together) she won't be happy. use ups! she can get a text alert, reroute... even reschedule her package. it's ups my choice. are you happy? i'm happy. i'm happy. i'm hi'm happy. i'm happy. i'm happy. happy. happy. happy. happy. (together)...
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. >> andrea: he said 365,000 jobs needed to be created per month to get the economy back on track. so in the words of paul krugman this is a paltry number we got in today. if you break it down, dana and you look at the group, the demographics. this is obama's base. african-americans, unemployment, 14.3%. young people. young people, trying to rally to get to polls on tuesday are at 16%. people forget the government only factors people looking for work in the last four weeks. i doesn't factor all of the people who stopped looking for work or people with experience and degrees who are in fast food restaurants right now. in addition to the part-time work. so i would have a hard time with the president coming out, saying that this is great and we're where we need to be. >> dana: go ahead, bob. >> bob: i was going to say that the people not looking for work, said for the first time it's now changed course and more people are entering the workforce looking for work. that is not accurate. >> dana: unable to find full-time jobs. >> eric: you are quoting a stat that really bad for president
. >> andrea: he said 365,000 jobs needed to be created per month to get the economy back on track. so in the words of paul krugman this is a paltry number we got in today. if you break it down, dana and you look at the group, the demographics. this is obama's base. african-americans, unemployment, 14.3%. young people. young people, trying to rally to get to polls on tuesday are at 16%. people forget the government only factors people looking for work in the last four weeks. i doesn't...
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they are issues that are a luxury any good economy. we don't have a good economy. so for every american not just women and not just men because bu these are all issues. jobs and economy, the deficit and debt, i think that is what women are responding to. this effects everybody. it affects my father and everybody around me. it effects me. we right now have the highest level among women in the last 17 years. we have about a million fewer women than when barack obama became president. those are serious issues that resonated much more strongly with most women. >> tom: i agree. i agree that the high number of poverty, absolutely when they are paying attention to that and they understand that if it wasn't for president obama, that without the policies that he supported making sure that we continued the payroll tax cut. making sure that unemployment benefits were extended, making sure that they had access to opportunity and resources if they were out of a job, people would be going hungry. >> tom: you have to acknowledge, you have to acknowledge -- there are women out the
they are issues that are a luxury any good economy. we don't have a good economy. so for every american not just women and not just men because bu these are all issues. jobs and economy, the deficit and debt, i think that is what women are responding to. this effects everybody. it affects my father and everybody around me. it effects me. we right now have the highest level among women in the last 17 years. we have about a million fewer women than when barack obama became president. those are...
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the labor department says the economy added 171,000 new jobs in the month of october, but the rate of growth wasn't enough to keep the overall unemployment rate from rising by a 1/10 of a percentage point to 7.9%. >> the situation has not changed. it's not improved at all and it's really discouraging. >> reporter: even so he economic advisors to president obama say compared to the overwhelming job losses occurring when the president first took office, any growth is a sign the economy is recovering. >> over the last year we've added 2.1 million jobs. >> reporter: speaking to a crowd in ohio governor mitt romney seized to the uptick in the overall numbers as a sign that a change is needed in washington. >> accomplishing change is not just something i talk about. it is something i have actually done and we need to have someone in the white house who cannot just talk about it but who can do it. >> reporter: president obama also is in ohio today telling a crowd in springfield that when it comes to the economy, he wants to finish what he started. >> the reason i'm here today is because we k
the labor department says the economy added 171,000 new jobs in the month of october, but the rate of growth wasn't enough to keep the overall unemployment rate from rising by a 1/10 of a percentage point to 7.9%. >> the situation has not changed. it's not improved at all and it's really discouraging. >> reporter: even so he economic advisors to president obama say compared to the overwhelming job losses occurring when the president first took office, any growth is a sign the...
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the question is, is the economy poised for a takeover or not? nobody would look at this picture and say this proves what happened over the last four years has been wildly successful. the question is what are we poised for over the next few years, the next few months even. it is a long climb back to anyone's estimation. more about what is coming as opposed to what has happened in the past and that is what the argument is about in politics, what is coming next. you want four more years of this job growth, stick with the guy you have got. they say we are poised for takeoff. dennis: thank you very much. cheryl: more breaking news into fox business. his view of new york city mayor bloomberg touring the damage from super storm sandy in brooklyn, looking at this point that's not what is happening talking to residents who expect to hear from bloomberg at the bottom of the hour, we expect to have a news conference to get an update on this situation here in new york city. lines that stretched for miles, tempers flaring and new reports of gasoline rationin
the question is, is the economy poised for a takeover or not? nobody would look at this picture and say this proves what happened over the last four years has been wildly successful. the question is what are we poised for over the next few years, the next few months even. it is a long climb back to anyone's estimation. more about what is coming as opposed to what has happened in the past and that is what the argument is about in politics, what is coming next. you want four more years of this...
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in the middle class, the president leads by n'k11, value versus the economy. >>> and watching the exhausting travel schedule has been like watching a pair of prize fighters in the 12th round. let's get right out on to the campaign trail, along with kristen welker with the president in cincinnati. >> reporter: good evening to you lester. president obama campaigns here in must-win ohio tonight with music legend stevy wonder kicking thing off. with this race too close to call, president obama is enlisting his biggest su egest s and supporters to help him close this deal. president obama in the final sprint of this deadlocked race, stopping first in concord, new hampshire today. >> let's go get them, new hampshire. >> and then to hollywood, florida. >> are you fired up? >> reporter: mr. obama will travel several thousand miles, stopping in ohio, colorado, wisconsin. today the president enlisted one of the most high profile democrats to fire up voters. former president bill clinton. president obama even borrowing president clinton's campaign song. president clinton slammed romney. >> he's tying h
in the middle class, the president leads by n'k11, value versus the economy. >>> and watching the exhausting travel schedule has been like watching a pair of prize fighters in the 12th round. let's get right out on to the campaign trail, along with kristen welker with the president in cincinnati. >> reporter: good evening to you lester. president obama campaigns here in must-win ohio tonight with music legend stevy wonder kicking thing off. with this race too close to call,...
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Nov 4, 2012
11/12
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i it's not say we should knock down buildings in a hurricane to stimulate the economy. there are more constructive ways, but that will happen over the next two years. >> so as new york rebuilds, as new jersey rebuilds, perhaps a meager silver lining, dr., thank you very much. ladies and gentlemen, that's all we have time for on this cold and mel mel mel lan kole -- meln collie but in a way inspiring night. the compassion and commitment of the volunteers should warm every heart. these folks are not republicans and democrats, not government employee, not first responders. they're americans and i thank you. i thank them and i thank you all for watching. thank you for caring. i'm geraldo, good night captioned by closed captioning services inc.
i it's not say we should knock down buildings in a hurricane to stimulate the economy. there are more constructive ways, but that will happen over the next two years. >> so as new york rebuilds, as new jersey rebuilds, perhaps a meager silver lining, dr., thank you very much. ladies and gentlemen, that's all we have time for on this cold and mel mel mel lan kole -- meln collie but in a way inspiring night. the compassion and commitment of the volunteers should warm every heart. these...
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Nov 1, 2012
11/12
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councilman john olszewski: new jobs and a stronger economy. endorsed by the naacp, police and firefighters small business owner: good jobs... teacher: and better schools construction worker: vote for question seven. >>> welcome back to our special storm coverage. and from here in toms river, new jersey, we're going to take you back to new york city, where actually, the full extent of the ruin caused bid sandy by sandy w coming into focus. let's go to abc's dan harris, our colleague, who is in staten island tonight. dan? >> reporter: good evening to you from in front of what remains of a neighborhood restaurant here. the people in this area say they were hit by a sort of tsunami. in my ways, it was a secret tsunami, because the vast majority of the media attention has really focused on the jersey shore and lower manhattan. so, today, we decided to travel to staten island to see for ourselves this hidden pocket of utter devastation. we woke up this morning to alarming images out of staten island. people being plucked off their roovs two days aft
councilman john olszewski: new jobs and a stronger economy. endorsed by the naacp, police and firefighters small business owner: good jobs... teacher: and better schools construction worker: vote for question seven. >>> welcome back to our special storm coverage. and from here in toms river, new jersey, we're going to take you back to new york city, where actually, the full extent of the ruin caused bid sandy by sandy w coming into focus. let's go to abc's dan harris, our colleague,...
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Nov 2, 2012
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he has proven leadership abilities in all sectors of the economy. he has change and experience in all three sectors of the economy. he's proven he can work on a bipartisan basis, and he has experience that i think demonstrates that he is willing to do the right tling thihing e he's a one-term president. our country is in serious trouble right now. >> this is s.e. here. i don't know if you can convince steve that mitt romney is the guy for the job. tell me why maybe president obama is not the right guy for another four years. >> first, i truly believe that both president obama and mitt romney want to do a grand bargain, but i don't think they have the same leadership ability to get it done. i think president obama's biggest problem is he's not led. and when he had the senate, the house and the white house, he spent too much time on the affordable care act. that poisoned washington, because even though a majority of the american people doesn't want the affordable care act, nonetheless the effort was taken to pass it on a straight party line vote. that
he has proven leadership abilities in all sectors of the economy. he has change and experience in all three sectors of the economy. he's proven he can work on a bipartisan basis, and he has experience that i think demonstrates that he is willing to do the right tling thihing e he's a one-term president. our country is in serious trouble right now. >> this is s.e. here. i don't know if you can convince steve that mitt romney is the guy for the job. tell me why maybe president obama is not...
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Nov 2, 2012
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. >> i know when i'm elected, the economy and american job market will still be stagnant. i won't waste time complaining about my predecessor. >> reporter: we're down to the wire here. the associated press put nine states now in the up-for-grabs category: ohio, florida, virginia, north carolina, new hampshire, iowa, wisconsin, colorado, and nevada. brian, that is a wide margin where the candidates will battle the next few days. >>> tonight, video of mitt romney discussing his mormon faith and abortion has gone viral. he ran for president in '08 and sat down in iowa and discussed his faith and view on abortion. >> my faith has strong beliefs -- i was beaten up in boston because i encouraged girls not to have abortions but adoption. i have not done anything to viola the principles of my church in that regard. >> romney said while the mormon church doesn't condone abortion, the church doesn't say a punish has to be opposed to allowing choice in society n. '08, he said there were plenty of democrats who were mormons and pro-choice. >>> the advocacy group nuns on the bus is bac
. >> i know when i'm elected, the economy and american job market will still be stagnant. i won't waste time complaining about my predecessor. >> reporter: we're down to the wire here. the associated press put nine states now in the up-for-grabs category: ohio, florida, virginia, north carolina, new hampshire, iowa, wisconsin, colorado, and nevada. brian, that is a wide margin where the candidates will battle the next few days. >>> tonight, video of mitt romney discussing...
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Nov 3, 2012
11/12
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joining me now, hitha prabhakar a retail and economy analyst. good morning. >> good morning, alex. >> let's talk about yesterday's jobs numbers which were better than expected. can you break it down? >> jobs, about 171,000 jobs were added to the job pool. and that actually bumps the numbers up from 7.8% to 7.9%. the reason why there, they're jobs that were added, but really, there were more people in the pool that were applying for work that didn't end up going in to and actually getting work. so that's why we're seeing that bump up in that jobs number. >> okay. you know the numbers i'm hearing as a result of hurricane sandy, the costs, are just astronomic. can you break that down? >> in the beginning they were estimating that the storm was going to cost around $20 billion. now they're saying it's going to be between $30 billion to $50 billion. and one of the reasons why is because of all the electrical problems, and all the road closures. people can't get to -- get to businesses, they can't get to work. they can't get supplies. so that's really
joining me now, hitha prabhakar a retail and economy analyst. good morning. >> good morning, alex. >> let's talk about yesterday's jobs numbers which were better than expected. can you break it down? >> jobs, about 171,000 jobs were added to the job pool. and that actually bumps the numbers up from 7.8% to 7.9%. the reason why there, they're jobs that were added, but really, there were more people in the pool that were applying for work that didn't end up going in to and...
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Nov 3, 2012
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better than 170,000 jobs added to the economy. unemployment rate at 7.9%. back with us is jack welch who might quibble with that rate in and about the last time, but still don't necessarily buy these numbers. >> neil, look, the real unemployment rate, if you take the last ten years prior to the 2009 recession, the 10-year average of let's call it the participation rate, how many people are working temporarily, full-time, and you take that number and take the ten year average and ran it now, work for us, you would have an unemployment rate close to 11% and that's what the real unemployment rate that people are feeling out there, not discouraged workers walked away all that stuff, but that's the real rate. now, this number of 7.8, that popped in the other day just didn't make any sense, i mean, you had a number that suddenly had more people added since ronald reagan's biggest month in june of '83 in september. that didn't-- >> so, apparently you were questioning the math? >> i was question the methodology, to go out. >> neil: gotcha
better than 170,000 jobs added to the economy. unemployment rate at 7.9%. back with us is jack welch who might quibble with that rate in and about the last time, but still don't necessarily buy these numbers. >> neil, look, the real unemployment rate, if you take the last ten years prior to the 2009 recession, the 10-year average of let's call it the participation rate, how many people are working temporarily, full-time, and you take that number and take the ten year average and ran it...
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Nov 2, 2012
11/12
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the unemployment rate went up and the white house sees an economy on the mend. now we are looking at the larger picture as americans prepare to pick our next president. that unemployment rate ticking up to 7.9% last month up from 7.8. among african-americans it's 14.3%. more than 3.5 million people have been jobless for at least a year and 5 million have been out of work for six months. and picture this. on average if you lost your job today it would take you until august of next year to find a new one. joining us now fox business network lou dobbs host of lou dobbs tonight. they say the numbers went up a little because folks are starting to look for jobs again. >> there is some truth to it. it's an irrelevant truth however. 7.9% means we still have 23 million americans, megyn in this country that are unemployment, under employed or given up looking for work. 7.9% will be the last number in the minds of most people as they go into the polling booths. it's not a happy number. we've actually seen this president, as we go beyond these numbers, this is the first bla
the unemployment rate went up and the white house sees an economy on the mend. now we are looking at the larger picture as americans prepare to pick our next president. that unemployment rate ticking up to 7.9% last month up from 7.8. among african-americans it's 14.3%. more than 3.5 million people have been jobless for at least a year and 5 million have been out of work for six months. and picture this. on average if you lost your job today it would take you until august of next year to find a...